India Booked Podcast | Bad Money: Inside the NPA Mess and How It Threatens the Indian Banking System by Vivek Kaul

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Bad Money, the latest book of Vivek Kaul is an important title for the way its author discloses the history of the Indian Economy and Banking system we never knew about, and discusses why it is important to be aware of where your money goes.

In this episode of India Booked, Ayushi Mona discusses with him what constitutes bad money, what the transition has been like from the banking systems in the past to the current ones, and how important is it to know where your money is safe and unsafe. In this episode, he also unfolds how bad money affects the economy, layer by layer and shares with the listeners his recommendations on books related to economy and other structures. Tune in!


The India Booked podcast uses literature as a lever to bring multiple facets of the country alive. It's perfect for not just bibliophiles and trivia junkies but also people interested in learning more about India. Each episode focuses on a different theme, ranging from business and food, to history and politics, geography and spirituality. It unfolds as a 40-45 minute conversation between the host and a celebrated author to talk about everything India.


Vivek Kaul is a freelance writer who has worked at senior positions with the Daily News and Analysis (DNA) and The Economic Times, in the past. He is a commentator on the Indian economy and currently his writing appears regularly in the Mint, BBC, Dainik Jagran, Newslaundry and Bangalore Mirror. He has been quoted in The Economist, BBC and CNN. He co-hosts the popular economics podcast Econ Central with Amit Varma.

He is the author of the Easy Money trilogy, a series of three books on the history of money and banking, and how that caused the financial crisis that started in 2008 and is still on. India’s Big Government—The Intrusive State and How It Is Hurting Us, his fourth book, was published in January 2017. Bad Money—Inside the NPA Mess and How It Threatens the Indian Banking System is his fifth book.


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